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Shares of MPW Up 6.3% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Medical Properti (NYSE:MPW) on May 24th, 2019 at $18.66. In approximately 6 months, Medical Properti has returned 6.27% as of today's recent price of $19.83.

In the past 52 weeks, shares of Medical Properti have traded between a low of $15.25 and a high of $20.90 and are now at $19.83, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

Medical Properties Trust Inc. is a self-advised real estate investment trust formed to acquire and develop net-leased healthcare facilities. These facilities include inpatient rehabilitation hospitals, long-term acute care hospitals, regional acute care hospitals, ambulatory surgery centers, and other single-discipline healthcare facilities such as heart hospitals.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Medical Properti shares.

Log in and add Medical Properti (MPW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights medical properti

Ticker(s): MPW